The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1887-01-08

from such license tax by articles 2O6 and
2O7 OF the Constitution.
Section 1-Be it ordained by the Mayor
and City Council of Monroe, That there is
hereby levied an annual license tax for the
year, A. D., 1887, and for each subsequent
year, upon each person, associations OF per-
except those expressly exempt from such
license by Articles 206 and 2O7 Of the Con-
Sec. BE it further ordained, &c, That
tax collector shall begin to collect and shall
collect as fast as possible from each OF the
persons or business firms. associations or
corporations, pursuing any trade, Proies-
tax as herein after graduated. All license
shall be due and collectible during the first
two (2) months OF each year. and all unpaid
81 asc6 q.
who commenced business after that date
shall become delinquent unless the license
is paid within ten days.
Sec. 3-Be 1t further ordained. &C., That
tho annual licenses for the kinds of busi-
ness herein after named, except as after
wards provided, shall be graduated in
twenty-five classes.
Paragraph THAT for carrying on each
business OF manufacturing not expressly
exempted by articles 2O6 and 207 of the Con-
stitution, the license shall be based on gross
annual receipts of said business as follows,
to-wit:
LIST class. When the said receipts are ten
millions Of dollars or more, the license shall
be eight thousand dollars.
I'd class. When the receipts are nine
millions Of dollars or more, and under ten
millions of dollars, tho license shall be
$1,000.
eight millions Of dollars or more, and under
uine millions of dollars, the license shall be
5000.
Atm class. When the said receipts are
<lrII anv0l
der eight millions of dollars, the license
shall be $500.
9Th class. When the said receipts are six
millions Of dollars or more, and under seven
$500.
9th class When the said receipts are five
millions OF dollars or more, and under six
millions of dollars, the license shall be
$3.50.
7th class. When the said receipts are
four millions of dollars or moro, and under
five millions OF dollars, the license shall be
$500.
9Th class. When the said receipts are
three millions OF dollars or more, and under
four millions of dollars, the license shall be
$2lGO,
9th class. When the said receipts are two
millions of dollars or more, and under
three millions of dollars, the license shall
be $l4OO.
10th class. When the said receipts are
one milton of dollars or more, and under
500.
18th class. When tho said receipts are
or more, and under one million OF dollars,
the license shall be 1926.
18th class. When the said receipts are
five hundred thousand dollars or more, and
dollars, the license shall be $3.50.
18th class. When the said receipts are
four hundred thousand dollars or more, and
under five hundred Thousand dollars, the
liCn, oS1,n oil t,r,@
l4th class. When the said receipts are
three hundred thousand dollars or more
and under four hundred thousand dollars
the license shall be $2lO.
10Th class. When the said receipts are
two hundred thousand dollars or more, and
under three hundred Thousand dollars, the
license shall be $l40.
10th class. When the said receipts are
one hundred and fifty thousand dollars or
more, and under two hundred thousand
dollars, the license shall be sos.
18th class. When the said receipts are
one hundred thousand dollars or more, and
less than one hundred and fifty thousand
dollars, the license shall be $40.
18th class. When the said receipts are
ninety five thousand dollars or more, and
less than one hundred thousand dollars,
the license shall be $65.50.
10th class. When the said receipts are
ninety Thousand dollars or more. and less
tina than tn sss dollars or
Goth class. When the said receipts are
seventy five thousand dollars or more, and
under ninety thousand dollars, the license
shall be $3.50.
2lst class. When the said receipts are
fifty Thousand dollars or more, and less
than seventy-fve thousand dollars, the
license shall be $50.
22d class. When the said receipts are
forty thousand dollars or more, and less
than fifty thousand dollars, the license
shall be $2s.
23rd class. When said receipts are thirty
thousand dollars or more, and less than
forty thousand dollars. the license shall be
S2l.
oath class. When said receipts are twen-
ty-five thousand dollars or more, and less
than thirty thousand dollars. the license
shall be- $3.50.
25th class. When said receipts are less
than twenty-five thousand dollars, the IL
cense shall be SIS.
Provided. Nothing herein shall be con-
strued to apply to the business of grinding
meal, ginning cotton or making sugar by
any farmer or planter.
BANKING.
Paragraph BE it further ordained, &C.,
That for each business of carrying on q
bank. banking company, association, cor
poration or agency, the license shall be
based on the declared or nominal capital
and surplus, whether said capital and sur
plus is owned, or in use, or on deposit in
this city or elsewhere, as follows.
LIST class. When the said declared or
nominal capital aud surplus is five million
dollars or more. the license shall be x4oOO.
I'd class. When the said declared or nom
inal capital aud surplus is four millions
of dollars and more, and less than tive mil
lions of dollars. the license shall be $4,000.
3rd class. When the said declared or
capital and surplus is three mill
lions of dollars or more, and less than four
millions of dollars. tho license shall be
1900
4th class When the said declared or
nominal capital aud surplus is two millions